2010 Code of Virginia
Title 18.2 - CRIMES AND OFFENSES GENERALLY.
Chapter 6 - Crimes Involving Fraud (18.2-168 thru 18.2-246.15)
18.2-204.3 - Transfers for the sole or primary purpose of obtaining a lower unemployment tax rate; penalty.
§ 18.2-204.3. Transfers for the sole or primary purpose of obtaining a lower unemployment tax rate; penalty.
A. Any person who transfers or attempts to transfer any trade or business to another person, where the sole or primary purpose of the transfer is to obtain a lower unemployment tax rate, is guilty of a Class 1 misdemeanor.
B. Any person who knowingly advises another person to transfer any trade or business to another person where the sole or primary purpose of the transfer is to obtain a lower unemployment tax rate, is guilty of a Class 1 misdemeanor.
C. Any person who is found guilty of more than two such actions under subsections A or B is guilty of a Class 6 felony.
D. It shall be the duty of the attorney for the Commonwealth to whom the Commission shall report, pursuant to subsection B of § 60.2-500, any violation of this section, to determine whether to proceed with prosecution.
(2005, cc. 47, 91.)
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